Job Ref #: 52000270 01
Industry: Human Resources
Job Type: Permanent
Positions Available: 1
Columbus Stainless, founded in 1966 and part of the Multinational Acerinox Group, is proud to be the only producer of stainless steel on the African Continent. Durable and 100% recyclable, stainless steel has boundless potential as the preferred metal for the future, and Columbus remains dedicated to playing a significant role in South Africa’s growth and development.
Job Description
Job Specification
The incumbent will play a supportive role and act as a subject matter expert in the management of key employee social benefits, notably the employer based medical aid and the retirement fund. This role will understudy the Senior Manager: Social Security in managing these portfolios. The incumbent will be appointed as an Employer Trustee on both medical and pension fund board of trustees.
* The responsibilities (in a supportive role) including being part of Strategy formulation and execution for both entities ensuring that they function within proper legislative and governance framework. These entail being part of the coordination of the appointment or election of boards of trustees, training, identification and selection of external service providers like administrators, investment managers and insurance service providers.
* Liaison with statutory bodies as is the in-depth knowledge of how they function (e.g. Council for Medical Schemes, Prudential Authorities, etc.) as a key part of this job.
* In-depth knowledge of industry players and the applicable legislation is also a key requirement. Additionally, the incumbent must possess above average knowledge of finance, budgeting, investments, IT, contract drafting as well as medical aid and pension fund industry knowledge. Wide networking and hands on approach will be an absolute requirement.
Job Requirements
Person specifications:
* The incumbent must be in possession of a Bachelor’s or post graduate degree: BA, B. Comm. – Finance, B. Soc. Science with Finance and Accounting Modules.
* Experience in one or more in the following will stand the incumbent in good stead: Registered Financial / Insurance / Tax practitioner / Investment Manager / Principal Officer of Pension/Medical Scheme.
* Specialized background in the Medical or Pension Scheme environment, Finance / Insurance or Investment knowledge.
* At least 8 – 10 years operating in any of the above mentioned industries.
* Experience working with Boards of Trustees in a medical or pension fund environment.
Legal Requirements:
* No criminal record;
* Candidate must not have been declared insolvent. Must pass the test of being fit and proper.
* In depth knowledge of the Pension Fund Act, Medical Aid Scheme Act, Divorce Law, Estate Duty Act and all Employment Legislation is a requirement.
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